Macron: we need EU coronavirus rescue package worth 5-10 points of GDP

PARIS (Reuters) - French President Emmanuel Macron said Europe's response to economic turmoil caused by the coronavirus crisis required financial transfers to the hardest-hit states and not just loans.Speaking after EU leaders held a summit by video link on Thursday, Macron said the European Union's rescue package should be worth at least 5 to 10 percentage points of EU gross domestic product.Disagreements over the size and shape of the rescue package persisted, Macron said, adding that the..